HN
105 Calla Terrace, Welland, ON L3C 7C2, Welland, ON
+19 photos
$654,900

105 Calla Terrace, Welland, ON L3C 7C2, Welland, ON

Welland, ON L3C 7C2
5 beds 3 baths Detached

About this home

This versatile property offers a perfect blend of modern upgrades and potential income. The open-concept main floor features a kitchen with newer cabinetry, Corian countertops, and a center island, flowing seamlessly into a cozy sunroom accented by a rustic barn door. The primary suite serves as a true retreat, complete with a walk-in closet and a spacious 5-piece ensuite. Convenient main-floor laundry and a 3-piece guest bath round out the upper level. The outdoor and utility features are equally impressive: a heated garage with a wash tub serves as an ideal workspace or "man cave," supplemented by dedicated parking for a boat or trailer. The fully fenced backyard is a private oasis, boasting a lovely patio and a charming "bunkie" perfect for a craft studio, playhouse, or guest overflow. The lower level provides exceptional value with a dedicated theater/recreation area and a separate, full two-bedroom rental suite. With a high-quality tenant already in place, this home offers an incredible opportunity to have your mortgage supplemented from day one.

Property Score

63/ 100
Overall Property Score
good

A blend of both buyer and investor metrics.

Score breakdown
Walkability
55/100good
Score based on neighborhood density, downtown proximity, and walkable amenities.
Transit Access
45/100fair
GO Transit, LRT, and bus access from this neighborhood.
Schools
62/100good
Based on local school rankings (Fraser Institute proxy).
Affordability
110% of city avgfair
Priced above Welland's average of $595,000.
Appreciation Trend
+1.2%/yrgood
Welland has seen +1.2% YoY price change.
Monthly Cash Flow
-$319/mofair
Estimated -$319/mo at 20% down, 5% rate, 25-yr amortization.
Cap Rate
5.03%excellent
Net operating income divided by purchase price.
Basement Suite Potential
+$1,290/moexcellent
Existing/legal suite estimated at $1,290/mo additional income.
Move-In Ready
Avggreat
Estimate. Use the listing description and photos to assess actual condition.
MLS® # X13072948
Listings displayed are for informational purposes only and are believed to be accurate but are not guaranteed. MLS®, REALTOR®, and the associated logos are owned by The Canadian Real Estate Association (CREA). MLS® data is provided courtesy of the Toronto Regional Real Estate Board (TRREB) and is for personal, non-commercial use only. Cityscape Real Estate Ltd., Brokerage.

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